Charts of the Week

Saturday, November 22, 2008 20:12
Posted in category 2008 Crash, Bear Market, Economy, Finance, HIG, Special Reports, Stock Market, Technical Analysis
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No  sign of a bottom! The S&P 500 Index has violated it’s 2002 lows. The financial sector remains in free fall. Hartford Insurance appears to be the next AIG, and Citigroup the next Lehman.

The Dow Jones Industrial Average is coming close to it’s moment of truth, a test of it’s 2002 lows. A breach of that level could have serious implications.

Related posts:

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  3. Dow Breaks November Lows; Triggers Fresh Dow Theory Sell Signal
  4. Forecast 2009: There Will Be Blood
  5. Review of 2008 Predictions a la Wall Street’s “Finest”

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